Also makes it look professional when a potential renter comes to look at it.

However college kids or young professionals will most likely not care.In Danbury you have to look out for hidden gems.

Consult a CPA or advisor experienced in self-directed accounts to ensure compliance and maximize benefits.This post does not create a CPA-Client relationship.

I have over 30 years professional experience so not taking anything personal.You have corrected nothing. 

Additional DetailsI’m willing to invest in out-of-state properties, though I prefer areas with good property management options.My primary focus is passive income, but I’m also interested in value-add opportunities.I want to ensure these investments provide strong tax benefits and diversify my portfolio.I’d love to hear from experienced investors:What would you do in my position?

I am keen to learn from the experiences of seasoned professionals and collaborate with fellow investors who share a passion for real estate.

It’s growing steadily with strong rental demand, especially for MTRs catering to traveling professionals/relocators.

The thread addresses a different topic, the Real Estate Professional status, but the same principle applies to the hours in both contexts.

@Madison SloanTo start house hacking, focus on saving for your down payment, researching target markets like Salt Lake City or North Idaho, and building a strong team of professionals, including an agent and lender.

I’d love to connect with experienced landlords and investors who can share advice on getting started, selecting properties, and navigating the Section 8 process.